An attorney pursuing a federal wrongful death and personal injury suit against Siberian Airlines and Airbus Leasing II over a July crash in Russia that killed 129 persons said the airline had insufficient insurance to cover claims in a U.S. court.

Steven C. Marks brought the action Tuesday in a U.S. District Court in Manhattan on behalf of three relatives of a passenger who died.

Mr. Marks said Siberian carried only $300 million insurance, not the $1.2 billion protection most U.S. carriers purchase. He identified the insurance carriers as Germany-based Allianz and the Pritchard Syndicate in London. Allianz said it could not comment immediately.

Continue Reading for Free

Register and gain access to:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.